JM Smucker lowers guidance as inflation rises and supply chain, labor challenges linger

By Elizabeth Crawford

02-Mar-2022 Last updated on 02-Mar-2022 at 15:49 GMT

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Source: JM Smucker

JM Smucker continues to be dogged by inflation, supply chain constraints, labor and transportation challenges, prompting the maker of Jif peanut butter and Café Bustelo coffee to lower its earnings and revenue outlook for the year at the close of its third quarter.

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